によって tala ashraf 4年前.
1726
global economy
The global economy is shaped by various factors including trade balances, types of businesses, and ethical considerations. Trade balance, defined by the difference between a country'
開く
global economy Imports: bring goods into a country that were made in another country Exports: to send goods to another country for sale Functions of busniess finance: the busniess of money managment Accounting: maintaing and checkig record Managment:is the process of acheving company goals by,planning organzing and leading Marketing :The process of planning ,promoting and selling goods and services . Marketing :The process of planning,promoting and selling goods and services . Procurment:re-selling of goods that have already been produced Production:creating goods and services Free trade: an economic policy that determines which companies trade with each other Embargo:is a ban on the import or expire of a product quota:is a limit placed on the quantities of a product that can be imported. tariff: is a tax placed on imports to increase the price Balance of trade: The difference in value between a country's imports and exports Comparative advantage: is the ability of a country
to produce a particular good more efficiently than anothercountry Trade surplus: When a country exports
more products then it imports Trade deficit:when a country imports more
than it exports code of ethics: a set of guide lines for maintiang ethics in a work place Fair trade:a arrangment designed help producers in developing countries achieve sustanablie trade relationships passes the code of ethics Sweatshops:a factory or workshop where wokers are paid very low wages and are working unsafe conditions does not pass the code of ethics type of businesses corporation:a busniess that is owned by share holders partnerships:A busniess owned by two people who share risks and rewards. sole propitorship:A busniess owned by one person multinational corporation: a company that does business in many countries around the world Globalization: the exchange of goods and services between nations.
